Archive

_2017-08-31
Macau gross gaming revenue in August fell in line with analyst estimates, reaching MOP 22.7 billion (US$2.8 billion). The results represented a year-o

_2017-08-31
Krida Sports and Games Pvt. Ltd., a Chennai-based company which intends to start rummy operations in Tamil Nadu, Telangana and Andhra Pradesh has file

_2017-08-31
On August 31, the prefectural and city governments of Osaka unveiled their “Interim Framework Plan” for constructing an IR at Yumeshima, a manmade

_2017-08-31
Macau Legend Development saw its loss widen in the six months ended June 30, 2017, due mainly to an increase in operating and finance costs, and depre

_2017-08-30
Starlight Culture Entertainment Group saw its profits slide to a loss in the first half of 2017, due to a change in fair value of financial derivative

_2017-08-30
Galaxy Entertainment Group (GEG) posted an 81 percent rise in net profit for the first half of the year due to the rebound in VIP and mass revenue. Ne

_2017-08-30
While the mass market continues drive GGR recovery, it was growth in VIP GGR which stood out most in the second quarter of 2017, says Union Gaming ana

_2017-08-30
Voices are calling for a ban on online rummy in Tamil Nadu, following a ban on the online game in Telangana earlier this year. Sources in the cyber po

_2017-08-30
The ‘Sport in Focus’ track at Betting on Sports (September 12-15) will culminate in a session dedicated to next year’s FIFA World Cup, as more t

_2017-08-30
Sands China Ltd., along with the Adelson Family Foundation have pledged to donate a total of MOP 65 million (US$8.1 million) to assist with longer ter

_2017-08-30
Betgenius, a provider of data-driven software to regulated sportsbook operators, has today announced the appointment of Matt Stephenson as its new man

_2017-08-30
Summit Ascent Holdings, operator of the Tigre de Cristal in Vladivostok, saw revenues increase 20 percent in the first half of 2017, attributed mainly

_2017-08-30
Online gambling giant 888 has been fined a record GBP 7.8 million (US$10 million) for allowing 7,000 self-excluded customers to continue playing over

_2017-08-30
Melco International Development reported nearly a four-fold rise in net revenue for the first half of 2017, attributed mainly to strong performance fr

_2017-08-30
Singapore’s two gaming operators reported an improvement in Q2 results, helped by cost controls, lower bad debts and higher premium play, though analysts see few catalysts for significant expansion of the market. In 2007, Singapore granted Las Vegas...

_2017-08-30
Filipinos’ well known love for entertainment means the country’s casinos may see significant upside from their non-gaming attractions if they get the mix right, giving Macau a run for its money when it comes to creating a diversified entertainment...

_2017-08-29
CrownBet is planning to launch a new online lottery in Australia, which is expected to take market share from foreign-owned Lottoland, reports the Aus

_2017-08-29
Success Universe recorded a loss for the six months ended June 30, 2017, following a decrease in the group’s earnings at Ponte 16, and a dip in reve

_2017-08-29
Since her impressive victory a month ago in a hard-fought reelection effort, eyes have been focused on Yokohama Mayor Fumiko Hayashi, trying to foreca

_2017-08-29
The Ho Tram Project Company Ltd (HTP) has announced the launch of KAHUNA Ho Tram Strip condotel and villa project. Designed by leading Ho Chi Minh Cit

_2017-08-23
An increase in spending on pokies in New Zealand’s clubs and bars, despite a shrinking number of venues, has baffled industry regulators. The government commissioned independent research to look into various factors that might be influencing the trend...

_2017-08-22
Genting Malaysia continues to roll out new facilities under a MYR10 billion ($2.3 billion) revamp plan, though a theme park development with 20th Century Fox, seen as a key driver for growth, has now been delayed until the second quarter of next year....

_2017-08-16
The Russian gambling zone of Primorye, which has not been developing as fast as anticipated, is stepping up its efforts to attract more investors as part of an ambitious plan to almost treble visitor numbers by 2025. The company developing the zone is...

_2017-08-16
Australian operators are concerned a point of consumption tax introduced in South Australia may go national, which they say could potentially render the wagering industry unprofitable. The measure is an attempt to tax money where it is actually earned,...

_2017-08-09
The last five years have seen a tumultuous business environment for casino operators in Australasia. Barely five years ago, CFOs of two of the largest concessionaires in Macau were predicting annual revenues in excess of US$100 billion by 2020, driven...

_2017-08-09
As operators around Asia vye for licenses in new markets, one corporate social responsibility expert suggests they should change their approach. Jan Jones Blackhurst, executive vice president, public policy and corporate social responsibility, at Caesars...

_2017-08-02
The push to legalize casinos in Thailand appears to be gathering momentum, though experts say any reforms are unlikely to have much of an impact on the thriving illegal market, which is estimated at more than $5 billion a year. Academics in the country,...

_2017-08-02
In just three years, the first of the licenses awarded to Macau’s concessionaires expire and, despite the billions of dollars invested by the operators in the market, there is still no clarity over the renewal process. There is no mechanism under the...